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Source: الشرق اللبنانية
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The Lebanese Housing Bank announced the receipt of the fifth installment of a $165 million loan from the Arab Fund for Economic and Social Development, with the installment amounting to $24.3 million. Approximately $72 million of this loan has been utilized to provide housing loans to about 1,100 families across all Lebanese governorates, including financing for the purchase of 957 properties and construction loans for 47 projects. This step comes as part of the Arab solidarity support for Lebanon and aims to strengthen its economic resilience despite current challenges.
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